Section 35.01.01.172 - IDAHO CAPITAL GAINS DEDUCTION - REVENUE-PRODUCING ENTERPRISESection 63-3022H, Idaho Code
01.Nonqualifying Activities. Examples of activities that do not qualify as a revenue-producing enterprise include the following:b. Professional or managerial services;c. Repair services or other service related activities;d. Transportation activities, unless they are an integral part of the taxpayer's qualifying activity;e. Telephone, cable, and internet services;f. Agricultural services, such as horse training, veterinarian services, and crop dusting.02.Multiple Activities. If a business is engaged in both revenue-producing and nonrevenue-producing activities, tangible personal property must be used in the revenue-producing activity to qualify for the Idaho capital gains deduction.03.Examples. Available at Income Tax Rules Examples.Idaho Admin. Code r. 35.01.01.172